TD Asset Management unveils TD North American Sustainability Bond Fund

By Marisa Wong

Los Angeles, March 9 – TD Asset Management Inc. announced it expanded its sustainability suite with the launch of the TD North American Sustainability Bond Fund, its first actively managed environmental, social and governance-related fixed-income product.

The fund is designed to earn current income by investing primarily in a diversified portfolio of North American fixed-income securities, while following a socially responsible approach to investing, according to a press release.

Specifically, the fund invests in issuers that, in TD Asset Management’s view, have strong sustainability characteristics or demonstrate positive contributions to the 17 United Nations sustainable development goals. The investments will tend to focus on North American corporate bonds, which may include non-investment-grade bonds, using rigorous bottom-up security selection.

The latest fund follows the rollout of the TD North American Sustainability Equity Fund and TD North American Sustainability Balanced Fund in September 2020.

TD Asset Management is a North American investment management firm based in Toronto.

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